Alabama State University receives Wall Street firm’s historic endowment assistance

Alabama State University receives Wall Street firm’s historic endowment assistance

(MONTGOMERY, Ala.) -- Alabama State University is partnering with private equity firm Neuberger Berman to manage the school's $125 million endowment – making it the largest such partnership between a Wall Street firm and a public historically Black college and university (HBCU) ever.The new relationship is a "blessing," according to…
Democrats look to band together after Maryland’s bruising Senate primary

Democrats look to band together after Maryland’s bruising Senate primary

(WASHINGTON) -- Angela Alsobrooks emerged as the victor in a bruising Democratic Senate primary in Maryland -- and now the state's Democratic Party faces the challenge of reuniting to take on a formidable Republican opponent in the general election.Alsobrooks, a county executive in a Maryland suburb outside the nation's capital,…
Biden announces new grants to further desegregate schools on Brown v. Board anniversary

Biden announces new grants to further desegregate schools on Brown v. Board anniversary

(WASHINGTON) -- President Joe Biden on Friday announced new grants aimed at further desegregating magnet schools, as he marked the 70th anniversary of the Brown v. Board of Education Supreme Court ruling that desegregated America's public schools."My Department of Education is investing $300 million, including another $20 million announced today…
Pentagon’s temporary pier off Gaza is ready to begin delivering aid

Pentagon’s temporary pier off Gaza is ready to begin delivering aid

(WASHINGTON) -- The Pentagon's temporary floating pier system was anchored onto a beach in Gaza on Thursday amid the Israel-Hamas war, and U.S. officials say humanitarian aid will begin flowing "in the coming days."Officials did, however, stress that while the pier -- formally called the Joint Logistics Over-the-Shore, or JLOTS,…
Biden asserts executive privilege over audio of interview with special counsel Hur

Biden asserts executive privilege over audio of interview with special counsel Hur

(WASHINGTON) -- The Justice Department on Thursday informed House Republicans that President Joe Biden has formally asserted executive privilege over the audio of his interview with special counsel Robert Hur, who investigated Biden's handling of classified documents.It's a move that the department said effectively shields Attorney General Merrick Garland from…
Harris accepts CBS News’ VP debate offer for the summer

Harris accepts CBS News’ VP debate offer for the summer

(WASHINGTON) -- Vice President Kamala Harris has accepted an offer from CBS News to participate in a vice-presidential debate this summer, the Biden campaign said Thursday.Harris accepted CBS News' proposed dates of July 23 or Aug. 13, the campaign said."The Biden-Harris campaign has informed CBS News that we accept the…